10th October 2006, 04:34 AM
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Suspended.
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Join Date: Jan 1970
Location: gippsland lakes/vic
Posts: 5,104
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Quote:
Originally Posted by Neil
It's fine to have a goal.
But unfortunately there is a world of difference between having a goal and achieving it.....
.....You must know at what odds you should back each horse and at what odds you should not back a horse. This can vary from horse to horse. It is just too simplistic to eliminate all bets under say $3.00 or $4.00 or whatever.
I note this forum is full of selection methods and elimination rules but very sparse on ideas of how to know when a selection should or should not be a bet based on its odds.
Because that is the ultimate skill ... being able to handicap is the key to winning long term ...
PS ... I'm not sure on what basis you could have been very confident about Racing To Win winning the Group 1 George Main Stakes. The gelding was jumping up in distance from 1300 metres to 1600 metres. Sure, it had won the Doncaster Handicap over 1600 metres, but its previous start was over 1500 metres, not 1300 metres. In its career it had never gone up in distance more than 200 metres from its previous start. In addition, Court's In Session beat Racing To Win when they met on the 26th. August. I thought the race was a bit of a trap race, and odds on Racing To Win didn't look like value to me. Left the race alone.
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My 2 bob's worth is with Neil on this one.
Even though RTW won, it was a shocking bet.
'Any price a winner' is the quickest way to the poor house. There can be winning bets that were bad bets and losing bets that were good bets.
Good handicapping and recognizing poor value are the 2 main foundation stones to building punting success. I believe RTW as a bet selection, was a standout example of the worst of both these foundation requirements.
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